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States must take labour market reforms ahead: 16th Finance Commission head

India stands on the brink of an economic renaissance, with many analysts consistently underestimating its growth potential. Recent reforms in key areas such as infrastructure, taxation, and labor laws are sparking significant advancements. However, the task of generating high-productivity employment…

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Finance ministry weighs proposal for PSU general insurers’ merger

In the Budget for 2018-19, the then finance minister Arun Jaitley announced that the three companies – Oriental Insurance, National Insurance, and United India Insurance – would be merged into a single insurance entity.

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No recession risk for US economy as a whole, Bessent tells NBC

U.S. Treasury Secretary Scott Bessent said the 43-day government shutdown resulted in a permanent economic loss of $11 billion, even as he expressed confidence about growth prospects in 2026. He said interest rate–sensitive sectors such as housing had slipped into…

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CAG auditing reforms by states to improve ease of doing biz for MSMEs

This initiative aligns with national priorities such as Viksit Bharat @2047 and Business Reform Action Plan 2024 spearheaded by the Department of Promotion of Industries and Internal Trade, he said.

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Adani Green adds two fresh entities to boost renewable operations

Adani Green Energy is expanding its clean energy reach. The company has formed two new subsidiaries in Gujarat. These entities will focus on generating and distributing renewable power. This move strengthens Adani Green’s commitment to solar and wind energy development.…

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Fruitful interaction: PM Modi after meeting Indian-origin tech entrepreneurs in Johannesburg

During the meeting, the Prime Minister spoke about initiatives undertaken by entrepreneurs in FinTech, social media platforms, agriculture, education, healthcare, medical devices and other fields.

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News

  • How to obtain tax residency proof in India?

    A UK company requires an Indian Tax Residency Certificate for reduced withholding tax on interest payments. To obtain this, an online Form 10FA must be submitted, confirming tax residency in India for the relevant financial year.

  • 4 common credit report errors that drop your score and trigger loan rejection

    Credit report errors such as incorrect details, misreported repayments, active closed loans and duplicate accounts can reduce your credit score and hinder loan approval, making regular credit report checks essential.

  • Markets will move in 2026, but behaviour will decide outcomes

    The markets in 2026 may test investors. When instinct pushes for quick reactions, it is behaviour discipline, restraint, and clarity of purpose that will decide outcomes.

  • Don’t pay tax on gifts if they are from family. Here’s the rule

    Gifts from relatives are exempt from tax, while gifts over ₹50000 from non-relatives are taxable. Gifts received during marriage are fully tax-exempt. 

  • Inside AIFs: The risks, rewards and real fit for your portfolio

    Each AIF is different and an investor needs to understand if and where it fits into their asset allocation mix, based on their portfolio size, risk-taking ability, return expectations and liquidity considerations

  • This couple had a New Year holiday in Oman just for ₹2 lakh. Here's how

    As part of Mint’s travel series, the couple shares details of their nine-day Oman holiday, showing how it’s possible to enjoy a full, hassle-free holiday without stretching the wallet.

  • Still believing these credit myths? They’re quietly ruining your financial health

    As 2025 ends, it's vital to debunk personal finance myths, especially regarding credit. Misconceptions include beliefs that BNPL doesn't affect credit scores, high income ensures good scores, and closing old cards is beneficial. 

  • Axis Bank credit card travel redemption options: Transfer ratios, limits, and tips

    Axis Bank credit cardholders can transfer their reward points to 20 partners (6 hotels and 14 airlines) categorised into Group A and B. There are groupwise calendar year limits on points transfers.

  • Rupee at record low: Should you invest abroad? Here are the smartest routes

    With traditional domestic mutual funds reaching overseas investment caps, this guide explores alternative routes, including Gift City funds, foreign brokerage platforms, and global mutual funds, to help build a robust international portfolio.

  • PNB cuts repo-linked lending rates by 25 bps after RBI MPC announcement — Will your home loan EMI go down? Explained

    Repo-linked lending rate is a type of interest rate associated with home loans. If the RBI cuts its repo rates, the RLLR goes down and vice versa. With PNB's RLLR cut, home loan EMIs are expected to go down.

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